AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Summary
Transcript
Episode notes
The Cold War era of arms build up in the US is over. Defense budgets are going to shrink massively, and we need to start nuclear disarmament. The then deputy defense secretary calls the CEOs of all the major prime defense contractors to a dinner in Washington at which he explicitly tells them defense spending is going to shrink hugely. He instructs the CEOs present that you all need to consolidate and start merging with one another. This doesn't happen in America. Literally a government agency just told an industry what to do. And indeed it was.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode